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H3Ko H3Ko
wrote...
Posts: 4891
8 years ago
Barter, Inc. sold goods for $883,500 on account. The company operates in a state that imposes a 9% sales tax. What is the amount of the sales tax payable to the state?
A) $79,515
B) $19,879
C) $159,030
D) $39,758
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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TanksTanks
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Posts: 1274
8 years ago
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H3Ko Author
wrote...
8 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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